We’ve officially got a new major deposit, folks. Turns out Filo del Sol, which was acquired by a joint venture between Lundin Mining (TSX: LUN) and BHP Group in January for $4.5 billion, may have been.. Cheap.
The project, held in an entity referred to as Vicuna Corp, post-transaction has been effectively combined with the Josemaria project. Previously wholly owned by Lundin, Josemaria is found adjacent to Filo del Sol, and was vended into the 50/50 joint venture at the same time as Filo, establishing a dominant name within the Vicuna district.
And now, that combined entity has an initial resource estimate that quite frankly, is difficult to comprehend.
Lets dive in.
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